Use the Following to Answer the Questions

question 57

Multiple Choice

Use the following to answer the questions.
A new U.S.automobile company,Specialty Motors,was established in 2004.In 2008,a recession caused disposable income to decline,and the annual amount of dollars spent by consumers for automobiles dropped drastically.Specialty Motors faced the problem of trying to determine whether the economy would turn toward prosperity or toward depression.No matter what happened,Specialty Motors was also worried about an impending global steel shortage,which would make a big difference in its future marketing plans.The economy might recover from the recession,but the automobile makers might be forced to ask consumers to curtail consumption just when the hope of a better year was finally in sight.All in all,the future looked dismal for Specialty Motors.
-Refer to Scenario 3.2.Specialty Motors views Toyota Corolla and Honda Accord as ____ competitors.

• A) generic
• B) product
• C) total budget
• D) monopolistic
• E) brand

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Definitions:

Tibialis Anterior Muscle

A muscle in the front part of the lower leg that is involved in dorsiflexion and inversion of the ankle.

Oxygenated Blood

Blood rich in oxygen and low in carbon dioxide, transported through the arteries except for the pulmonary and umbilical vessels.

Fetus

A developmental stage of a vertebrate that is in the womb or egg, specifically in humans from the ninth week after fertilization until birth.